Twitter Follow LinkedIn Follow On a webinar with Spotlight Reporting we discussed that putting your fees up is often a good first step to scaling your firm. After all a fee increase can increase your cash flow, profitability and available capacity. Many accountancy...

Twitter Follow LinkedIn Follow One of the big problems growing small accountancy firms face is a lack of cash, coupled with many small clients on low fees. You know the ones, the legacy clients. The ones you took on in the early years when you were just desperate for...

Twitter Follow LinkedIn Follow I was speaking with an accountant yesterday about his small practice. He was telling me that the practice is scaling well. (Or supposedly well!) They have more work than they can handle. However, the owner was struggling to make a living...

Twitter Follow LinkedIn Follow Lack of cash is the biggest barrier we have found for firms who want to scale up to be a one million pound firm. Reducing WIP is a great way to increase your cash flow. Part of the core philosophy of The Accountants Millionaires’...

Twitter Follow LinkedIn Follow Do your accounts and bank statements show a widening gulf between your billings and what clients have actually paid? Even if that gap isn’t widening, it’s frustrating and stopping you from spending some of your hard earned income. After...